President Delays U.S. Tariff Increase on Chinese Goods

Several news sources are reporting that President Trump plans to delay an increase in tariffs on Chinese goods that had been scheduled for Friday, citing "substantial progress" in U.S.-China trade talks over the weekend.  

According the reporting Trump plans to meet with Chinese President Xi Jinping to come to a more formal agreement.

Vandegrift will continue to monitor this situation as additional information becomes available.